AMRN Stocktwits: A Social Network for Trading Amarin Stock

7 September 2023Last Updated: 7 September 2023

196 4 minutes read

AMRN Stocktwits is a website that allows users to share their opinions, ideas, and insights on the stock of Amarin Corporation plc (AMRN), a biopharmaceutical company that develops and markets drugs for cardiovascular and metabolic diseases. AMRN Stocktwits is part of Stocktwits, a larger social network for finance that covers various stocks, cryptocurrencies, commodities, and other assets. AMRN Stocktwits is one of the most active and focused communities on Stocktwits, with over 100,000 followers and thousands of messages posted every day.

What is Amarin and Why is it Important?

Amarin is an Irish company that was founded in 1993 and is headquartered in Dublin. The company has over 1,000 employees and over $600 million in revenue.

Amarin’s main product is Vascepa, a prescription drug that contains omega-3 fatty acids derived from fish oil. Vascepa is approved by the US Food and Drug Administration (FDA) for two indications:

As an adjunct to diet to reduce triglyceride levels in adult patients with severe hypertriglyceridemia (a condition that increases the risk of pancreatitis and cardiovascular disease).
As an adjunct to statin therapy to reduce the risk of cardiovascular events (such as heart attack, stroke, or death) in adult patients with elevated triglyceride levels and either established cardiovascular disease or diabetes with other risk factors.

Vascepa is the first and only drug approved by the FDA for the second indication, which is based on the results of a landmark clinical trial called REDUCE-IT. The trial showed that Vascepa reduced the relative risk of major adverse cardiovascular events by 25% compared to placebo in more than 8,000 patients over a median follow-up of 4.9 years.

Vascepa is important for several reasons:

Vascepa addresses a large and unmet medical need for millions of patients who have high triglyceride levels and are at risk of cardiovascular disease. According to the American Heart Association, about 25% of US adults have elevated triglyceride levels, and about 40% of them have cardiovascular disease or diabetes with other risk factors.
Vascepa has a favorable safety and tolerability profile, with no significant increase in adverse events or serious adverse events compared to placebo in clinical trials. Vascepa also has no known drug-drug interactions with commonly used medications.
Vascepa has a strong patent protection, with exclusivity in the US until 2030 and in Europe until 2029. Vascepa also has a robust market access, with coverage by most major payers and pharmacy benefit managers in the US.

What is AMRN Stocktwits and How Does it Work?

AMRN Stocktwits is a website that was created by Stocktwits, a social network for trading stocks. The site was founded by two friends, Michael Block and Dennis Crowley, who wanted to make it easier for people to track their stock trades and communicate with one another about their investment strategies.

AMRN Stocktwits is a dedicated page for Amarin stock on Stocktwits. The page displays various types of information on its homepage such as:

Trading price: The current price of AMRN stock per share.
Trading volume: The number of shares traded per day.
Watchers: The number of users who are following AMRN stock on Stocktwits.
Market cap: The total value of all outstanding shares of AMRN stock.
52-week high: The highest price that AMRN stock reached in the past year.
52-week low: The lowest price that AMRN stock reached in the past year.

AMRN Stocktwits also displays a feed of messages posted by users who are interested in or invested in AMRN stock. The messages can be filtered by real-time or popular. The messages can include text, images, videos, links, emojis, hashtags, or mentions. The messages can express opinions, predictions, analysis, news, memes, jokes, or questions about AMRN stock.

Users can interact with each other by liking, replying, or sharing messages. Users can also follow other users who share similar interests or views on AMRN stock. Users can also create or join rooms or groups that focus on specific topics or themes related to AMRN stock.

AMRN Stocktwits also provides links to other websites that offer more information or analysis on AMRN stock such as:

Yahoo Finance: A website that provides financial data and news on various stocks.
Finviz: A website that provides charts and screener tools for various stocks.
Seeking Alpha: A website that provides articles and podcasts on various stocks.
MarketBeat: A website that provides ratings and earnings reports on various stocks.
Benzinga: A website that provides news and alerts on various stocks.

Why Should You Use AMRN Stocktwits?

AMRN Stocktwits is a useful tool for anyone who is interested in or invested in AMRN stock. The website provides a convenient and comprehensive way to monitor the data and trends of AMRN stock. The website also helps users to understand the factors and forces that affect the price and performance of AMRN stock. The website also connects users to other sources and communities that offer more information or analysis on AMRN stock.

AMRN Stocktwits can help users to:

Stay informed and updated on the latest data and news of AMRN stock.
Identify and analyze the patterns and anomalies of AMRN stock.
Compare and contrast the data and opinions of different sources and perspectives on AMRN stock.
Make informed and rational decisions regarding their investment or trading strategies on AMRN stock.
Support and participate in the social movement and culture of AMRN stock.

Conclusion

AMRN Stocktwits provides various types of information on its homepage such as trading price, volume, watchers, market cap, 52-week high, 52-week low, etc. AMRN Stocktwits also displays a feed of messages posted by users who are interested in or invested in AMRN stock. The messages can express opinions, predictions, analysis, news, memes, jokes, or questions about AMRN stock. Users can interact with each other by liking, replying, or sharing messages. Users can also follow other users who share similar interests or views on AMRN stock. Users can also create or join rooms or groups that focus on specific topics or themes related to AMRN stock. AMRN Stocktwits also provides links to other websites that offer more information or analysis on AMRN stock.

7 September 2023Last Updated: 7 September 2023

196 4 minutes read